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California Treasurer Bill Lockyer made his case to White House and Treasury officials on Monday for what would be an unprecedented federal guarantee of the state’s huge upcoming sale of short-term notes.
Photo: California Treasurer Bill Lockyer
There is just one way to make the US government’s policy towards the banks work. That is for the Congress to vote another $1.5 trillion worth of additional TARP money for the banks - $1 trillion to buy the remaining toxic assets off their balance sheets, and $0.5 trillion worth of additional ca...
Thu, Apr 16 | from naked capitalism